How Fintech Policy Changes Could Shape Indonesia’s Financial Sector in 2025

Changes in regulation could bring new tools for payments, lending, and digital assets. Restrictions on foreign ownership and new licensing rules will affect who can offer services. Tax rules for crypto may change how users trade or invest. Policies can push safer, more stable services. 

To see why these changes matter, let’s go back and set the scene. Indonesia has more than 278 million people. As of early 2025, digital payments are growing fast. Analysts expect digital payments to reach about USD 115 billion by 2025, up from lower levels, and to hit nearly USD 256 billion by 2030. At the same time, e-commerce sales are set to reach USD 94.5 billion in 2025, and double by 2030.

Bank Indonesia (BI) and the Financial Services Authority (OJK) have both issued vision documents. BI has a “2030 Payment System Blueprint.” OJK has a “2024–28 Financing Companies Roadmap.” These outline plans for infrastructure, reach, reform, and fintech oversight.

In 2025, OJK also took over regulation of digital financial assets, including crypto. That moved oversight from Bappebti to OJK by January. New rules now set paid-up capital and onboarding guidelines. A tax policy change came into effect August 1, 2025. Domestic crypto sellers now pay 0.21%, up from 0.1%. Sellers on foreign platforms pay 1%, up from 0.2%. VAT on buyers was removed. VAT on crypto mining doubled to 2.2%, and a special income tax ended; mining income will be taxed under normal rates from 2026. 

OJK also tightened rules on peer-to-peer lending via POJK 40/2024. New rules expand operator types to include cooperatives, keep minimum paid-up capital at IDR 25 billion (~USD 1.6 million), and require platforms to have equity above certain thresholds: IDR 7.5 billion at the start, rising to IDR 12.5 billion by July 2025. Platforms must also have liquidity ≥ 120%, non-performing loans ≤ 5%, and maintain equity-to-capital ratio ≥ 50%. Foreign ownership is capped at 85%. Changes to shareholder rules and sharia operations are now allowed. Direct investment caps at 20% of equity, 10% within the same group. Platforms must comply by the end of 2025.

All these moves show that fintech policy makers are clear: they want innovation, but with guardrails.

What These Fintech Policy Changes Mean for the Sector

First, digital payments will get safer and wider. QR payments and real-time systems can grow under BI’s plan. The push for digital rupiah may accelerate. Clear rules should let more users trust digital tools.

Second, new crypto tax rules will make crypto less wild. That may slow risky trading. But better control can attract serious investors.

Third, strict P2P rules will weed out weak operators. Cooperatives can now enter. Sharia and conventional lending can sit together. Platforms must be stable, well-capitalised, and low-risk. That may exclude risky startups, but boost quality.

Fourth, better frameworks for alternative credit scoring and licensing mean more fair lending. Lower-income or new credit users may get more access based on new data models, if firms meet OJK licensing rules.

Fifth, the stronger oversight over digital financial assets under OJK may boost trust in blockchain and crypto services. Users may feel safer.

Ideas and Use Cases to Consider

• Payment firms can build more cross-border QR tools tied to BI’s vision. Faster remittances.
• Lenders using alternative credit scoring can get licensed by OJK. They could reach underserved people.
• Crypto platforms may shift to domestic focus, pay the tax, and offer compliant products.
• P2P cooperatives may craft sharia-friendly micro-loans that serve rural areas.
• Start-ups could use the clearer framework to plan long-term, not just sandbox hype.

Role of Fintech Policy Conference

A fintech policy conference becomes critical here. At such an event, Indonesia fintech policy makers meet with banks, startups, and tech partners. They lay out rules and use cases. Thought leaders discuss real examples. That helps policy align with business needs and tech reality. 

This brings in the idea of the World Financial Innovation Series (WFIS), a place where regulation meets action.

World Financial Innovation Series (WFIS) 2025 – Indonesia

World Financial Innovation Series (WFIS), a major fintech policy conference focuses on how new rules shape financial services. At WFIS, we bring 600+ FSI experts, industry leaders, and Indonesia fintech policy makers into one space. 

We help you connect with key voices and ideas. We are aligned with all government rules and support compliance. Our event on November 25–26, 2025 at Raffles Jakarta will gather C-suite executives, regulators, and innovators. 

At WFIS, we showcase how regulation and innovation work together. We share solid numbers, roadmaps, and examples. Our expert panels explain what rules mean for real services. Our sessions give insights on how to act.

With our series, you can meet those that shape financial services policy. You can explore tools that comply with regulation. You can strategise for a stable and fair future in Indonesia’s fintech world.

Join us. Let’s help each other bring ideas into practice. Our expertise spans finance, regulation, tech, and compliance. 

Conclusion

Fintech policies in 2025 will reshape what’s possible in Indonesia – Smarter payments, Fairer lending and Safer digital assets. A fintech policy conference can bridge policy and action. Our World Financial Innovation Series (WFIS) – Indonesia offers that bridge. Through our forums, data, and compliance, we bring clarity, trust, and ideas into the sector.